External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>The company reported one of its strongest quarters beating our estimate on the revenue front.</li><li>It reported revenue of 2,575 Cr, up 20% YoY beating our estimate of 2,465 Cr on account of growth in an emerging business along with growth in global branded business.</li><li>The EBITDA came in at 359 Cr, up 29% YoY, in line with our estimate of 350 Cr. This led to an overall PAT of 131 Cr, up 1.2% YoY but missed our estimate of 196 Cr by 33%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The company reported one of its strongest quarters beating our estimate on the revenue front.It reported revenue of 2,575 Cr, up 20% YoY beating our estimate of 2,465 Cr on account of growth in an emerging business along with growth in global branded business.The EBITDA came in at 359 Cr, up 29% YoY, in line with our estimate of 350 Cr. This led to an overall PAT of 131 Cr, up 1.2% YoY but missed our estimate of 196 Cr by 33%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Welspun Living Ltd - Strong Quarter; Exports Beat Our Expectations

Welspun India

Welspun Living Ltd - Strong Quarter; Exports Beat Our Expectations